David Steiner, FedEx board member, tapped to lead U.S. Postal Service as postmaster general

David Steiner, FedEx board member, tapped to lead U.S. Postal Service as postmaster general


FILE PHOTO: David Steiner, smiles while speaking at the OPEC Oil Embargo +40 conference hosted by Securing America’s Future Energy (SAFE) in Washington, D.C., U.S., on Wednesday, Oct. 16, 2013.

Joshua Roberts | Bloomberg | Getty Images

The U.S. Postal Service Board of Governors said Friday that it had selected former Waste Management CEO David Steiner as postmaster general.

Steiner, who is a board member of shipping giant FedEx, will succeed former Postmaster General Louis DeJoy, who resigned in March, and current acting Postmaster General Doug Tulino.

Steiner, who is expected to formally join the USPS in July, will leave the board of FedEx, where he has served some 2009.

USPS reported a net loss of $9.5 billion in 2024

In a statement, Steiner said, “It is an incredible honor to be asked to lead the world’s greatest
postal organization, with a history that stretches back before the founding of the United States.”

“I deeply admire the public service and business mission of this amazing institution, and I believe strongly in maintaining its role as an independent establishment of the executive branch.

Steiner served as CEO of Waste Management from 2004 through late 2016.

USPS said that when he led Waste Management, Steiner was “credited with leading tremendous change in the organization, transforming operations and culture, and delivering strong financial results.”

Read more CNBC politics coverage

USPS Board of Governors Chair Amber McReynolds, in a statement, said, “Dave is the right person to lead the Postal Service at this time to ensure this magnificent and historic organization thrives into the future,” said

“Dave is a highly regarded leader and executive with tremendous vision, experience and skill that can be

FexEx founder and executive chairman Frederick Smith praised Steiner, and said in a statement that his “sharp business acumen will be key to addressing the significant challenges facing the United States Postal Service which has lost more than $108 billion since 2007 despite receiving billions in taxpayer relief.”



Source

Iran war: Israel’s president Herzog calls ‘cost’ for business the price for Middle East peace
Politics

Iran war: Israel’s president Herzog calls ‘cost’ for business the price for Middle East peace

Israeli President Isaac Herzog visits the site of an Iranian strike in Beit Shemesh, Israel, March 2, 2026. Alexi J. Rosenfeld | Getty Images Israeli President Isaac Herzog told a group of U.S. business leaders at the Yale CEO caucus meeting on Tuesday that he understands their concerns about the costs of the war against […]

Read More
Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation
Politics

Thom Tillis refuses to budge on blocking Fed chair pick Kevin Warsh confirmation

Sen. Thom Tillis, R-N.C., talks with reporters in the U.S. Capitol during votes on Tuesday, March 10, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images There is nothing that Federal Reserve chair nominee Kevin Warsh can say to get Sen. Thom Tillis to end his blockade on Warsh’s confirmation, the North Carolina Republican […]

Read More
Gas prices threaten Republican lawmaker’s plans to win on affordability
Politics

Gas prices threaten Republican lawmaker’s plans to win on affordability

High gas prices are listed at Chevron gas station in Los Angeles on March 9, 2026, as gasoline prices surge amid the ongoing war with Iran. Frederic J. Brown | Afp | Getty Images Rising gas prices and no clear end of the Iran war are clashing with GOP plans to win the November elections […]

Read More